Casino E-wallets and Their Fees: Neteller, Skrill, PayPal & More in New Zealand

online casino e-wallets

E-wallets have gained popularity among online casino players in New Zealand due to their convenience, enhanced security, and ease of use. In this article, we will explore the most popular e-wallet options available to Kiwi players, including Neteller, Skrill, PayPal, and more. We will not only analyze their fees but also provide valuable insights into the additional services they offer to reduce costs. So join us as we compare and evaluate these leading casino e-wallets in New Zealand.

Let’s begin by examining the most popular e-wallets currently favored by players in New Zealand:

EwalletLimitTime
SkrillNZD 20001 Day
NetellerNZD 20001 Day
PayPalNZD 50001 Day

Choosing the Best E-wallet for New Zealand Gamblers

With several options available, we admit that you will find it difficult to settle for come, considering that they all have their strong points. So, to simplify the process for you, we have carefully selected the top e-wallets and analyzed their fees along with the additional services they provide.

Neteller: A Trusted and Popular E-wallet

Neteller is a reputable e-wallet that provides various advantages, including VIP member services that significantly reduce transaction fees. Established in 1999, Neteller has become a preferred payment method across multiple industries, including online gambling platforms.

Key Features of Neteller

  • Global Presence: Neteller operates in over 200 countries, offering 24/7 support in more than 22 currencies.
  • Multilingual Interface: Customers can choose from 16 languages for a personalized experience.
  • Partner Integration: Neteller is an official partner of Skrill, so you can transfer to your mobile cash account or bank without incurring any charges.
  • Convenient Account Management: If you use a merchant site to receive funds, spend, or something related to account management, Neteller will charge you fees.

Frequently Asked Questions about Neteller Casino Accounts

  • What Will Neteller Do If My Account is Inactive?

Inactive Neteller accounts with a balance are subject to a monthly charge of NZD 3.50 after a year of inactivity. The fee is waived once the account is used again.

  • Does Neteller Charge For Deposits?

Yes, there is a fee on your deposit, but it is not fixed. Depending on your deposit, it will be between 3% to 7%.

  • How About Fees For Withdrawing Cash With Neteller?

Depending on your transaction size, Neteller charges NZD 7.50 to NZD 25 for bank draft transactions made with Neteller cards.

  • What Fees Apply to Bank Transfers with Neteller?

For every bank transfer, Neteller charges NZD 5.50.

  • Can Players Use Card Withdrawals?

At the moment of this writing, Neteller does not yet offer services that allow players to withdraw funds from their ewallet accounts to their credit cards.

PayPal: A Global Payment Solution

wallet iconIt is almost impossible to see an NZ online casino player that has never heard about Paypal, even if they’ve never used it. Well, just in case you haven’t, PayPal is a very popular e-wallet in New Zealand, and stands as a formidable competitor to Neteller. The service supports transactions in 100 currencies across more than 200 countries, offering unique fraud protection services and buyer authentication upon request.

Things You Should Know About PayPal Deposits

  • Receiving money via PayPal from fellow New Zealand users that use the same currency (NZD) incurs no charges. However, the transfer has to be from a bank or fellow PayPal user.
  • For transfers between users in different countries, there is a 3.9% processing fee plus an additional 30 cents on received payments.
  • Transfers made among friends and family incur no fees.
  • There is also a foreign transaction fee of 2.5% and a NZD 3.95 cost when loading cash to your PayPal balance via the PayPal app.

Skrill: A Reliable E-wallet with Lower Costs

Skrill, owned by the Paysafe Group Plc, has been providing easy, quick, reliable, and secure services for over two decades. This e-wallet has striking similarities with Neteller, but some may argue that they are better because of lower fees.

Key Features of Skrill

  • Global Reach: Skrill operates in over 200 countries, making it accessible to a wide range of users.
  • Inactivity Fees: Skrill charges a monthly fee of NZD 3 for inactive accounts, which is waived once the account is reactivated.
  • No Fees for Depositing Funds: For transfers between Skrill accounts, you will incur no charges. Although there may be taxes for currency exchanges.
  • Bank Transfer Charges: Skrill applies a NZD 5.50 fee for bank transfers and money transfers.
  • Credit Transaction Fees: Skrill levies a 1.9% fee for credit transactions.
  • Credit and Debit Withdrawals: Withdrawing funds from a card incurs a fee of 7.5%.

Conclusion

check mark iconE-wallets offer security, convenience, and efficiency to online casino players. By choosing a trusted e-wallet like Neteller, PayPal, or Skrill, Kiwi players can seamlessly process transactions, enjoy enhanced fraud protection, and avoid excessive fees. Whether you opt for Neteller with its VIP member benefits, PayPal with its global reach, or Skrill with its lower costs, having an e-wallet alongside your physical wallet can prove to be a wise decision in the long run. You can’t go wrong with any of those three!

Compare
You can choose maximum of 4 reviews
You can choose maximum of 2 reviews